DA Davidson Analyst Takes Contrarian View: Upgrades Akamai (AKAM) to Buy

Following Akamai's (Nasdaq: AKAM) Q2 earnings miss reported on Wednesday night, numerous analysts issued downgrades on the volatile tech stock. Shares of Akamai tumbled more than 19% on the worse-than-expected results and the downgrades yesterday.

One analyst, however, from DA Davidson, pounded a convicted fist on the metaphorical table, upgrading shares of Akamai from Neutral to Buy.

To see all the analyst upgrades/downgrades on Akamai in a list form, visit our Analyst Ratings page.

You May Also Be Interested In

• Nomura/Instinet Upgrades Sunway Healthcare Holdings (SUNMED:MK) to Buy
• Morgan Stanley Upgrades Ternium S.A. (TX) to Overweight
• Jefferies Upgrades Fortescue Metals Group Ltd. (FMG:AU) (FSUGY) to Hold